Bal Harbour Dreamin'
Date: 31 October 1996
By Maureen Dowd
Maureen Dowd
Maureen Dowd Op-Ed column examines allegations by Bob Dole that New York Times and liberal media are looking with disfavor on idea of Dole Presidency; says allegation is simply not true (M)
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FOOD LION AGREES TO BUY KASH N' KARRY
Date: 01 November 1996
By Bloomberg News
Bloomberg News
Food Lion Inc says it will acquire Kash n' Karry Food Stores Inc for $121.5 milion in cash; it will also refinance $221 million of long-term debt; Food Lion plans to invest as much as $150 million to remodel Kash n' Karry stores in four years (S)
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HUNTSMAN BUYING AMOCO'S POLYSTYRENE BUSINESS
Date: 01 November 1996
By Bloomberg News
Bloomberg News
Huntsman Chemical Corp says it is buying polystyrene business of Amoco Corp's chemical unit for undisclosed price; says it will retain all Amoco workers at two plants it is acquiring (S)
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TOWER SEMICONDUCTOR REJECTS CHAPMAN BID
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Tower Semiconductor Ltd rejects takeover proposal of $132 million from Chapman Capital LLC; Tower's chairman, George Morgenstern, calls proposed price inadequate (S)
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POLAROID TO SELL UNIT AND TAKE EARNINGS CHARGE
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Polaroid Corp says it will sell its medical diagnostic photography unit for undisclosed price to Sterling Diagnostic Imaging; Polaroid also says it will take fourth-quarter charge of as much as $20 million to cut jobs in its Helios Laser Imaging unit and write down inventory (S)
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FIDELITY CAPITAL TO SELL 25% OF NETWORK PROVIDER
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Fidelity Capital unit of Fidelity Investments says it plans to sell 25 percent of Colt, wholly owned European business network provider; values company at $645 million (S)
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MICHAELS STORES FORESEES BIG THIRD-QUARTER LOSS
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Michaels Stores Inc predicts that it will have bigger-than-expected third-quarter loss and says it will close four stores in 1997 (S)
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HICKS, MUSE ACQUIRES DEL MONTE UNIT IN MEXICO
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Hicks, Muse, Tate & Furst Inc says it acquired Del Monte Foods Co's food processing unit in Mexico for undisclosed sum (S)
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ROCKWELL PLANS LAYOFFS AND EARNINGS CHARGE
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Rockwell International Corp says it will dismiss about 1,400 workers, most outside the United States, as it stops making certain trucks; company will take fourth-quarter charge against earnings of $74 million, which would be offset by gain of $76 million from tax gains ad insurance claims; fourth-quarter report to be released in November (S)
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KMART EXPANDS DUTIES OF U.S. OPERATIONS CHIEF
Date: 31 October 1996
By Bloomberg News
Bloomberg News
Kmart Corp says it has promoted Warren Flick to newly created post of president of its 2,020 stores in United States, as well as chief operating officer of those operations (S)
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